Why you should get over Salesforce Tower’s name – it’s good for the City July 8, 2014 The proposal to change the name of Heron Tower, one of the tallest buildings in the City of London, to “Salesforce Tower”, has been met by more than its fair share of controversy. People have always been resistant to change, but in this case, many of the objections raised seem to be particularly short-sighted. First, [...]
London’s top lidos: Make a splash in an outdoor pool July 8, 2014 Wherever you are in London, there are outdoor pools perfect for cooling down during the coming heatwave. Here are some of our favourite places to take our kit off in public: Brockwell Lido, SE24: Located in Brockwell park, this is as much of a Brixton landmark as Electric Avenue and Atlantic Road. The [...]
Post Office to ring changes with EE mobile network tie-up July 7, 2014 The Post Office plans to become a mobile phone provider this autumn, using EE’s network to offer customers “a genuine alternative” to the major carriers. The government-owned company said it planned initially to sell mobile services in 50 Post Office branches, online and over the phone before rolling out across the country later in the year. [...]
Hasta la vista for Let’s Gowex tech firm brought down by Gotham City July 7, 2014 A Spanish firm accused by analysts of dramatically manipulating its revenues has now filed for insolvency, as its chief executive admitted that its accounts were not accurate. Let’s Gowex, a business with ambitions to set up “smart cities” with universal wireless internet, conceded yesterday that the last four years of its financial accounts “do not [...]
Google receives 50,000 “right to be forgotten” deletion requests July 2, 2014 Search engine giant Google yesterday told City A. M. that it had received 50,000 requests to delete articles since a European court ruling in May ordered it to remove “inadequate, irrelevant or no longer relevant” data if an individual requested it. The European Court of Justice ruling came into force this week Google has started [...]
Blinkx share price in free fall after profit warning July 2, 2014 Video search and advertising group Blinkx yesterday shocked investors by warning that its first-half earnings are set to be $5m (£2.9m) lower than management expectations, causing its shares to lose more than half of their value. The Aim-listed company blamed industry-wide issues around the efficiency and effectiveness of online advertising, as well as a lingering [...]
IMF biased towards its richer members says auditor July 1, 2014 The International Monetary Fund is failing to shrug off its reputation as a club for rich countries, with developing countries finding it hard to trust the lender's advice as unbiased, the body's auditor said in a report today. Looking at its reports into the IMF over the last ten years, the Independent Evaluation Office (IEO) [...]
ONS changes push UK economy to new record size June 30, 2014 The British economy has probably already grown past its 2008 peak size, according to government statisticians yesterday, revealing new methods of measuring GDP. A range of alterations in the way that the Office for National Statistics (ONS) calculates the size of the economy comes into force later this year and will mean that the downturn after [...]
Japan’s industrial output rises just 0.5 pc June 30, 2014 Fears that Shinzo Abe's plans for the Japanese economy are running out of steam were stoked today by news that Japanese industrial output rose just 0.5 per cent in May, less that the 0.9 per cent rise that many were expecting. The figures were better than those posted for April, when output declined 2.8 per cent, but [...]
Gimme 5 June 29, 2014 …OFFICE SPACES FOR STARTUPS Campus Set up by Google, Campus is seven floors of co-working space designed for collaborative innovation. Desks can be rented via TechHub, and its cafe is open to any registered user. Contact TechHub for prices www.campuslondon.com Hoxton Mix A virtual office that offers desk rental in the heart of Tech City, [...]